ANGLING AUCTIONS SALE OF FISHING TACKLE and RELATED ITEMS at the CROSFIELD HALL BROADWATER ROAD ROMSEY, HANTS SO51 8GL on SATURDAY, 10th April 2021 at 12 noon 1 TERMS AND CONDITIONS 7. Catalogue Description (a) All Lots are offered for sale as shown and neither A. BUYERS the Auctioneer nor Vendor accept any responsibility for imperfections, faults or errors 1. The Auctioneers as agent of description, buyers should satisfy themselves Unless otherwise stated,the Auctioneers act only as to the condition of any Lots prior to bidding. as agent for the Vendor. (b) Descriptions contained in the catalogue are the opinion of the Auctioneers and should not be 2. Buyer taken as a representation of statement or fact. (a) The Buyer shall be the highest bidder Some descriptions in the catalogue make acceptable to the Auctioneer and reference to damage and/or restoration. Such theAuctioneers shall have information is given for guidance only and the absolute discretion to settle any dispute. absence of such a reference does not imply that (b) The Auctioneer reserves the right to refuse to a Lot is free from defects nor does any reference accept bids from any person or to refuse to particular defects imply the absence of others. admission to the premises of sale without giving any reason thereof. 8. Value Added Tax In the case of a lot marked with an asterix (*) in the 3. Buyers Premium catalogue. VAT is payable on the Hammer Price. The Buyer shall pay the Auctioneer a premium of VAT is payable at the rates prevailing on the date of 18% of the Hammer Price (together with VAT at the auction. the standard rate thereon). 9. Commission Bids 4. Payment Absentee (Commission) bids will be executed as Payment on purchased Lots can be made by cheaply as any other bids or Vendors reserve allows the following methods:- and the Auctioneers accept no responsibility for the (a) Cash execution of Commission bids by any member of staff (b) Cheque supported by a bank or other whatsoever. suitable reference (c) Mastercard or Visa B. VENDORS 5. Collection of Purchases 1. Commission, Expenses & Reservers (a) All purchased Lots are to be paid for in full and (a) Vendors commission is charged at the rate of removed from the saleroom on the day of sale 10% on all Lots selling for £10,000.00 or over after which the Auctioneers reserve the right to and at the rate of 12.5% for Lots selling for remove any Lot(s) to store at the sole expense under £10,000.00. The minimum charge for of the buyer and without notification, unless offering a Lot for sale is £10.00. otherwise arranged with the Auctioneer prior to (b) A handling fee of £1.00 per Lot will be charged the sale. on all Lots sold. (b) Wherever possible goods will be made available (c) In respect of any unsold Lot the Auctioneer will for collection during the sale. charge 3% of the Vendors reserve or a minimum 6. Responsibility for purchase Lots charge of £10.00 per Lot. (d) In the event an item is withdrawn from the (a) Upon the fall of the Hammer all risk in the Lot sold will pass to the buyer and neither the auction at the instruction of the Vendor, for Auctioneer nor Vendor shall be responsible for whatsoever, reason a charge of £10.00 will be any loss or damage howsoever caused, but levied per item. ownership of such Lot shall not pass until (e) Lots may be offered subject to a reserve as payment in respect thereof has been made in agreed between the Auctioneer and vendor in accordance writing and once agreed may only be changed with Condition A. 5(a). with the consent of the Auctioneers. (b) In the event of a Buyer either failing to pay for or (f) The Vendor shall not bid on his own property collect a Lot the Auctioneers reserve the right nor employ any person to bid for him. The to exercise one or more of the following rights:- Auctioneer shall have the right to bid on (i) to issue proceedings against the Buyer fo behalf on the Vendor only up to the agreed breach of contractor reserve price. (ii) to recind the sale of that and any other Lots(s) (g) Items failing to sell or withdrawn from sale at sold to the buyer the instruction of the Vendor must be collected (iii) to resell the Lot(s) either by public or private sale. within three working days of the sale after which the Auctioneers reserve the right to send to Any deficiency in the Purchase Price resulting from storage any remaining goods at the sole the resale, together with full costs incurred shall be expense of the Vendor and without notification. paid to the Auctioneers by the Buyer and any surplus (h) V.A.T. Is chargeable at the standard rate on all over the Proceeds of Sale shall belong to the Vendor. of the Auctioneers charges. (Continued on inside back cover) 2 TERMS AND CONDITIONS 7. Catalogue Description (a) All Lots are offered for sale as shown and neither A. BUYERS the Auctioneer nor Vendor accept any ANGLING AUCTIONS responsibility for imperfections, faults or errors 1. The Auctioneers as agent of description, buyers should satisfy themselves Unless otherwise stated,the Auctioneers act only as to the condition of any Lots prior to bidding. as agent for the Vendor. (b) Descriptions contained in the catalogue are the opinion of the Auctioneers and should not be SALE OF 2. Buyer taken as a representation of statement or fact. (a) The Buyer shall be the highest bidder Some descriptions in the catalogue make acceptable to the Auctioneer and reference to damage and/or restoration. Such FISHING TACKLE theAuctioneers shall have information is given for guidance only and the absolute discretion to settle any dispute. absence of such a reference does not imply that and (b) The Auctioneer reserves the right to refuse to a Lot is free from defects nor does any reference accept bids from any person or to refuse to particular defects imply the absence of others. admission to the premises of sale without giving any reason thereof. 8. Value Added Tax RELATED ITEMS In the case of a lot marked with an asterix (*) in the 3. Buyers Premium catalogue. VAT is payable on the Hammer Price. The Buyer shall pay the Auctioneer a premium of VAT is payable at the rates prevailing on the date of at the 18% of the Hammer Price (together with VAT at the auction. the standard rate thereon). 9. Commission Bids CROSFIELD HALL 4. Payment Absentee (Commission) bids will be executed as Payment on purchased Lots can be made by cheaply as any other bids or Vendors reserve allows BROADWATER ROAD the following methods:- and the Auctioneers accept no responsibility for the (a) Cash execution of Commission bids by any member of staff ROMSEY, HANTS (b) Cheque supported by a bank or other whatsoever. suitable reference SO51 8GL (c) Mastercard or Visa B. VENDORS 5. Collection of Purchases 1. Commission, Expenses & Reservers on (a) All purchased Lots are to be paid for in full and (a) Vendors commission is charged at the rate of removed from the saleroom on the day of sale 10% on all Lots selling for £10,000.00 or over SATURDAY, 10th April 2021 after which the Auctioneers reserve the right to and at the rate of 12.5% for Lots selling for remove any Lot(s) to store at the sole expense at 12 noon under £10,000.00. The minimum charge for of the buyer and without notification, unless offering a Lot for sale is £10.00. otherwise arranged with the Auctioneer prior to (b) A handling fee of £1.00 per Lot will be charged the sale. on all Lots sold. Viewing (b) Wherever possible goods will be made available (c) In respect of any unsold Lot the Auctioneer will Friday 9th April, 1.30 p.m. – 7.00 p.m. for collection during the sale. charge 3% of the Vendors reserve or a minimum Saturday 10th April, 8.30 a.m. – 11.45 a.m. 6. Responsibility for purchase Lots charge of £10.00 per Lot. (d) In the event an item is withdrawn from the (a) Upon the fall of the Hammer all risk in the Lot Salesroom telephones sold will pass to the buyer and neither the auction at the instruction of the Vendor, for whatsoever, reason a charge of £10.00 will be 01794 523931 or 07785 281349/07871 398995 Auctioneer nor Vendor shall be responsible for (viewing and sale days only) any loss or damage howsoever caused, but levied per item. ownership of such Lot shall not pass until (e) Lots may be offered subject to a reserve as payment in respect thereof has been made in agreed between the Auctioneer and vendor in Tel: 01794 518076 (not sale day) accordance writing and once agreed may only be changed with the consent of the Auctioneers. Mobile: 07785 281349 with Condition A. 5(a). Email: [email protected] (b) In the event of a Buyer either failing to pay for or (f) The Vendor shall not bid on his own property collect a Lot the Auctioneers reserve the right nor employ any person to bid for him. The to exercise one or more of the following rights:- Auctioneer shall have the right to bid on www.angling-auctions.com (i) to issue proceedings against the Buyer fo behalf on the Vendor only up to the agreed breach of contractor reserve price.